Archive for
December 21st, 2010

The following segment on 60 Minutes yesterday evening is a must see. The segment covered the state and local funding crisis in the USA. Meredith Whitney was a special guest and predicted that the crisis would unfold in the “next 12 months”. Whitney says the states are susceptible to hundreds of billions in losses and local insolvencies could be widespread.

SAN BERNARDINO – Officials are clashing with a business owner who is gathering opposition to what the city says is a key piece to downtown revitalization.

Ronald Rezek, who runs a logistics company, has written an open letter to the City Council calling the city’s efforts to lease a vacant cinema near Fourth and E streets to Regal Entertainment Group a “highly speculative and flawed downtown development plan” that will cost taxpayers millions.

An unannounced appearance by four Colton school board members at a Grand Terrace City Council meeting broke state law, alleges a complaint filed Monday with the county District Attorney’s Public Integrity Unit.